Oil and Gas
Citigroup calls for readiness on oil squeeze
Those in the oil market fearing a flood of OPEC supply next year will probably be better off preparing for…
Oil holds gains above $50 as OPEC, Russia signal cuts working
Oil held gains above $50 a barrel as OPEC and Russia said they were well on the way to clearing a…
Can oil prices hit $60 in 2018?
By Nick Cunningham With Brent oil prices hovering right around $55 per barrel—the highest level in months—the oil…
OPEC allies seen acting more responsibly on production cuts
Since the beginning of the year, members of the Organisation of Petroleum Exporting Countries (OPEC) and their allies have been…
Saudis may raise domestic gasoline by 80% to equal international prices
Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest,…
Oil prices up $56 on rising refinery demand, falling U.S. rig count
Oil markets were firm Monday and remained near multi-month highs reached late last week as the number of U.S. rigs…
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